John was speaking of a megaphone at the collector. One at the end of an exhaust pipe will have a much diminished effect.
We did not squeeze the throat down, as that will reduce performance because of an increase in pumping losses. As John has also mentioned, run as big of a pipe off the megaphone as possible. There's no point in creating pumping losses when you don't need to.
The resonance effect is what 2-stroke engines use in order to have any sort of powerband, and the effect is similar on a 4-stroke. The physics of it aren't really like the way you describe, as a properly tuned exhaust "scavenges" the cylinder. The megaphone reflects compression waves all the way down its length, turning them into expansion waves. At a certain rpm bandwidth these expansion waves hit the exhaust valve just before it closes, drawing out more burned gasses, dropping the pressure in the combustion chamber, which then admits more air/fuel mixture.
Intake tuning is the opposite, with compression waves increasing intake pressure causing a "ram" (or "supercharging") effect. An intake bell-mouth is the analogue to an exhaust megaphone.
A properly designed intake-exhaust combo will do wonders!